EverSource Wealth Advisors LLC Sells 3,411 Shares of iShares MBS ETF (NASDAQ:MBB)

EverSource Wealth Advisors LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,680 shares of the company’s stock after selling 3,411 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $10,422,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Hobbs Group Advisors LLC lifted its position in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares during the period. MeadowBrook Investment Advisors LLC lifted its holdings in iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares during the last quarter. Key Financial Inc lifted its holdings in shares of iShares MBS ETF by 4,220.0% in the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management purchased a new stake in iShares MBS ETF in the fourth quarter valued at approximately $58,000. Finally, CENTRAL TRUST Co raised its stake in iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after purchasing an additional 189 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.4 %

Shares of NASDAQ MBB opened at $93.27 on Wednesday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The firm’s 50 day simple moving average is $92.20 and its two-hundred day simple moving average is $93.30.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.3204 dividend. The ex-dividend date was Monday, March 3rd.

iShares MBS ETF Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).